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Oil Supported By Crude, Gasoline Draws

Oil Supported By Crude, Gasoline Draws

Crude oil prices traded slightly…

Why Do Gasoline Prices Rise in Spring?

Why Do Gasoline Prices Rise in Spring?

Spring brings higher gas prices…

Energy

This Could Become The Most Promising Arctic Oil Basin

Dec 09, 2015 at 09:43 | Dave Forest

I described last month how one country on the planet recently bucked the trend of declining petroleum drilling: Ireland, which saw a record number of bids…

2016 Spells More Gloom For Oil Producers

Dec 08, 2015 at 17:04 | Nick Cunningham

A year after OPEC sent oil markets spiraling out of control, the group may have sparked another round of bearishness for crude. OPEC failed to agree…

Strippers Suffering From Low Oil Prices

Dec 08, 2015 at 16:54 | Michael McDonald

With prices below $50, what is a stripper to do? With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now…

OPEC Isn’t Dead. It’s Shifting Strategies

Dec 08, 2015 at 16:35 | Steve Brown

OPEC is the ultimate cartel, it was formed to get its members a better price for their product than the free market would allow, and the members did that by…

The Pain Game – How Low Can Oil Prices Go?

Dec 08, 2015 at 14:01 | Evan Kelly

The critical figures and data in the energy markets this week reveal a further decline in North American oil rigs as natural gas rigs increase slightly.Oil prices took a…

This Joint Venture Could Stir Up The Lithium Market

Dec 08, 2015 at 10:26 | Dave Forest

Rumors are swirling that the rare metals space is close to an unusual joint venture deal. One that shows how alternative financing arrangements are continuing to…

Venezuelan Government Losing Grip As Low Oil Prices Take Their Toll

Dec 07, 2015 at 17:29 | Nick Cunningham

The Venezuelan government suffered a huge electoral loss on December 6. The opposition won a majority of seats in the parliament, a striking blow to Venezuelan…

This Is Why $20 Oil Is A Possibility

Dec 07, 2015 at 16:40 | Euan Mearns

The day of reckoning has arrived for the oil price with the head and shoulders pattern I have been tracking for two months finally being completed…

Marathon Abandons $270 Million Ultra-Deepwater Project

Dec 07, 2015 at 16:26 | Charles Kennedy

Marathon Oil announced on December 2 its decision to abandon a key deep-water oil project in the Gulf of Mexico. The well that Marathon had…

Stronger Dollar And OPEC Inaction Force Crude Below $40

Dec 07, 2015 at 10:55 | Matt Smith

Into the second week of the month we go, and we see the usual dearth of economic data that follows Nonfarm Friday. The only release of note overnight was a…

Is OPEC Losing Influence?

Dec 04, 2015 at 17:30 | Nick Cunningham

Oil prices underwent a wild ride in the lead up to the OPEC meeting in Vienna on December 4, and the markets gyrated as OPEC sent…

Renewable Energy Bankruptcy Threatens Spanish Banks

Dec 04, 2015 at 17:17 | Michael McDonald

In another sign of the turbulent times for the renewable energy sector, Spain’s Abengoa has declared bankruptcy. The bankruptcy is notable for several reasons. First, it suggests how difficult…

OPEC’s Middle Finger To The Oil Markets

Dec 04, 2015 at 17:16 | Andy Tully

OPEC’s decision at its semi-annual meeting in Vienna on Friday not to cut production but to legitimize its overproduction shows that the group is determined at…

Kinder Morgan Still A Buy Amid The Panic

Dec 04, 2015 at 17:01 | Dan Dicker

Kinder Morgan is a buy today, as the shares are being sold in a panic. First – let’s talk about panic. Because I’ve gotten more stressed…

What The OPEC News Really Means

Dec 04, 2015 at 16:57 | Martin Tillier

As I write, we have just received news from the meeting of OPEC oil ministers taking place in Vienna. The production cut that some were hoping…

OPEC Meeting Sparks Oil Price Volatility

Dec 04, 2015 at 16:48 | Editorial Dept

In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy sector. Each week we’ll…

Oil Finds Support At $40, Can Short Sellers Break The Trend?

Dec 04, 2015 at 16:33 | Jim Hyerczyk

Crude oil prices settled the week lower after OPEC announced…

OPEC Won’t Cut, Markets Remain Oversupplied

Dec 04, 2015 at 16:24 | Evan Kelly

First of all, we take a look at this week's key figures for the oil & gas industry. We see that U.S. oil production is slightly up, whereas oil futures…

Crude Tanks As OPEC Refrains From Cutting Production

Dec 04, 2015 at 09:44 | Matt Smith

Given it is ‘National Dice Day’, it is apt that OPEC has left it to chance how the market will react to an adjustment to its…

North America’s Best Shale Patch

Dec 03, 2015 at 14:03 | David Yager

You really know business is tough when success is measured by suffering less than others. But so it goes as the North American oilpatch enters its second year of a…

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